Fraud & Scandals

SANUSI LAMIDO SANUSI: The exit of an emperor

Ifeanyi Nwabugu When the extant Central Bank of Nigerian CBN Acts were being crafted with the motive of giving the revered institution relative autonomy from interference from all other arms of the government ,no body imagined that there would arise an emperor who would latch on it and deploy so […]

Exclusive Document: The Financial Reporting Council Report That Busted Sanusi

… Claimed a Whooping N1.257 Billion for “Lunch For Policemen” and expenses for “Private Guards” In 2012 … Bogus Payments To Airlines To Distribute Currency Nationwide Exposed … Operated Bogus Expense Heads To Hide Fraudulent Activities … CBN Has Held An Account With A Balance Of N1.423 Billion For An […]

Sanusi suspension is unconstitutional say reps

The House of Representatives on Thursday described the suspension of Central Bank of Nigeria (CBN) governor, Sanusi Lamido Sanusi, by President Goodluck Jonathan as unconstitutional. Jonathan announced the suspension of Sanusi in a statement singed early Thursday by Reuben Abati, special adviser to the President on media and publicity, alleging […]